XRP Ledger’s MPT Standard Goes Live, Promises What Ethereum Can’t Deliver
The XRP Ledger activated its Multi-Purpose Token (MPT) standard on October 1, turning on a native, protocol-level framework for issuing and governing fungible tokens that aims squarely at institutional tokenization—without relying on bespoke smart contracts. “The Multi-Purpose Token (MPT) standard is now live on the XRP Ledger mainnet,” wrote Ripple engineer Kenny Lei on X. […]
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The new tax integration aims to relieve crypto investors from manually calculating their tax bills. Major cryptocurrency hardware wallet provider Ledger is moving to help crypto investors keep track of their taxes by integrating a new crypto tax-related solution.Ledger has partnered with cryptocurrency tax software platform ZenLedger to integrate its crypto tax reporting solution into Ledger’s interface application Ledger Live, the firm announced to Cointelegraph on Thursday.The new tax feature is immediately available on Ledger Live, available in the discover section on the Ledger Live....
Bitcoin is not a gold standard as it is independent, without the intervention of any central bank or government agency. There has been a lot of comparison between bitcoin and gold in the recent times. Bitcoin has been compared to gold in many aspects. In fact, bitcoin is also called digital gold for a reason due to various similarities it shares with the yellow material. However, referring to bitcoin as a gold standard may not be relevant. The gold standard is a reference to the monetary system that was based on the value of gold. While most countries stopped following the gold standard....
Whenever a new company announces they are selling dedicated mining hardware for Bitcoin and Litecoin, the digital currency community is on high alert. Over the past few years, various companies have claimed to offer this type of service, although very few of them have been able to deliver on these promises. PH Miners Inc. is a new mining hardware....
The first live release of the Ethereum project called “Ethereum Frontier” was released this week, but leaked communications between developers suggest that the project’s future may be under question. The frontier release focuses on command line tools, which allow developers to load and execute contracts and send ethers to each other on the Ethereum blockchain. Users and developers may also create a tradable digital token that could be classified as a currency or an asset. The “currencies” on the Ethereum blockchain utilize a standard coin API, which enables contracts to be automatically....
Institutional investors now bet on the possibility of Ethereum surging due to its financial market growth. Standard Chartered analysts trust Ethereum’s growth potential can overtake Bitcoin, the first cryptocurrency by market cap. However, technicals reveal that before future advancement, ETH is bound to retrace. Standard Chartered takes a bullish stand on Ethereum. ETH now has […]